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<br /> ---------__�--�� p�xi�dx that l.ct�dar requircs. The inRUrancc carrFer prov.'d!�t!�lnuirance Rhall i+��hMxn hy Rm.r.w!�r,�,bjrc��e t wn�krk :�
<br /> appmval which chpll nd he unroaconably wi�hhcid. If&xmwer fwih ta mwi�Nain coveroge described abovc,Le�nder may.at
<br /> I.rnder`s option,obiain covemge ta protect L.endcr��ight�in�he�ny in accordancc wi�h puaEnaph 7.
<br /> .�� All insurancc policies aml rcnewals xlu►II be xcept�ble�o �nJ slwll include a staixlard mcxtgngc clausc. l.enJer �
<br /> slull hwve�he�ight to hold tho policies and rrnewols. lf Lender rcyuire�.Borrower shall promply give to Ixnder All roceipic
<br /> y.�*;� � of p�id p�emiums and anew�l natice�►. In the event af lasx,R�xtower �luli Qive prompt notice to the insu�nce ca�ricr and ---
<br /> _- �-#� I.rnder. Lender muy make pmof of I�ss if no�mnde pmmptly by N�rmwer. �-.
<br /> „ Unicss L.ender r�nnd Botmwer atherwirc ugree ia writing.ineurance pro�.�eedn�hull be applkd ta ro�tora�ion�x rcpair of —_
<br /> • :�':•`•? ttie Property damaged, if the res�loa ar rcpuir i�economicnlly fea+�ible and l.ender!c zecu�i�y i�nat lessened. If the �-.�-
<br /> `��%4•" '��'•,,'�''' mlorat�on ar rc ir is oon economi�.�all feasibte ar l.ender�securU would bc lec�ened, �b� In�uronce rocecdx shnll be ,���
<br /> - "'"'� '.`"'�� applied to the suma securGd by this Security In.uname�u. whether o Ynd then due,wi�h wty excess paid l0 8omower. If �ti_`
<br />:..::,� ' Bomawer abandons the Fi�oper�y,or does nw answer wi�hin z0 days n nwice from I.ender�hat the In6urance carrier hax �:
<br />_' � '. �','.:�-�r;.-> �' offered to seple a clnim.�hen Lender may collec�the inw�cr pmceedc. [.ende�may use ihe praceeds to repuir or re.tare -
<br /> • �" ` the PFopeny x w puy sums socurcd by�his Security lnsuumen�.whnher or nd U�en due. 71ie 30�day period wUl bey�in wi�en
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<br /> _ :°�i ��"1'•? ` t��IOIIC'C IS�IYCtI. �=
<br /> � '' Unless I.ender and Bortower otherwise ogree in writing,any application oi�eedn to principul shall �ot eatcnd vr r���
<br /> -=' '!�"�''' '� {prostpone the due date of the monthly pnymenta rcfemc�i ec�in pa�agrophs I nnd?ix��haoge the amnum of�he pa}menta. If - -
<br /> �� �'r��'`�'���'" ,' iu�der 21 the rt is uc u�rcd b l.et�de�. L�orrower�n Ix to un w��ura�ce I�cies wid raceeds resuUin �;'-
<br /> _ . .��.,ijJ���y.;�•�•�. ., Pa�� �P� Y 9 � 9 8 Y � P�� P 6 ��
<br /> i�����,� ��° finm damage to ttie Property priar w the acyuisition afulY pa�s to Lender�o�he ex�ent c•A Ihe�ums�ecw+ed by�his Secu�lty �t',.�
<br />.. : r-� 3.� ItIfI1lRlGtll Iff1I11CtIIiIICIy�Of(p fI18 ACy41�1110i1. ��:
<br /> � �-�:t. ., 6. Ocenpaocy. Preservatbn. Maintetwnc�e atid Prota�ctian of the Propert��t Borrower's l.a�n Applicatloa; �•,_-:
<br /> ��:� ,,.::a; q.easehotds. Bonower shall oecupy.eswblixh.and u.r rh.-Pr�y Ac Rmrciwer:�ri�:ipnl re�idenze within sixty dayc af�er °�..!
<br /> _- '�`: ` •- ' ehe exoculion of this Secu�ity Ipstrument und shall caa�i��ue to cxrupy the Propeny ;r�Borrower�principal�sidence for al �'�:�+;
<br /> � k .. In:'{:_
<br /> �,. ' ,': � �'� leut one yeu after the �:�te of cecupancy, unlesx L�ender ahenvitie ugr�ees ioa ���riting, which consent shall not 6e �
<br /> �`::�;: r': .,�t; .;,-,.r'� - unreasonnbly withheld,or unless eatenuating circumstumes exi�t which nne beyond Borrower's contral. liarrower shall not ���''
<br /> ,':",.; -.::�;;�� - deatroy.damoge or impair the Propeny,allow the Property ta detcriuraae.or cammi�waste on the Property. Borrower shald �.
<br />;;+.'y'��r� °��y ,= 6e in default if any forFeiture pction or praceeding,wh�lher civil nr rriminal,ix begun tha�in Lender�goad faith judgmant iu
<br />,s;?°�� A�?;, Qauld result in forFeiture of the Pro or dherwise maleriall im air the lien creuted b this Securit Instrument or
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<br />' .,�•* �:{7{1� 1Ltnders securiiy interest. Borrower may cure such a dei'aul�and re�nstute,a.ti pmvided in par�graph 18,by cuusing the siction �;��=:
<br />'-�,,:�: �'�� _ or p!nceeding ta be dismis�d wilh u ruling tbat,in Lender z good f�i�h de�ermination,precludeti forfei�ure of the Bomnwer's --.
<br /> '.'��'' ''` "-� ' � imer¢st in the Property or other material impnimient of the lien created by�his Security Insuumem or Lender� securi�y •,-.�
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<br /> .;,,�5.;r ,�"�.."` �'� imerest. Borrower shnll s�lso be in de:ault if Borrower. during �he latin npplicati�m process, gave ma�eri�lly fulse or .,
<br /> , inaccurate ini'ormntion or statement�to Lcaa�er(or fuiled to provide Lender with any maleriul infi�atian)in connection wi� �c•
<br /> °3�" t6e loan evidencecl by Ihe Note,including, but not lomited to.�sentations �,�ceming Horruwer's occue�ancy of the -�}•
<br /> �'�>• • Property ac a principal rc.id�nce. If thi+Securi�y Instraam�:m is on u leu�ehold.B�rroa•er shall ewnply with ull ttv:provfsions �'i;;;'�
<br /> � .,;,s�a,�� . r,''. ..� of thc lease. If Borrower aS:�uires fee ti�le to�he Pn��r�.ohe IrUSChold and the fee aia;�shull not mer�e unless Lender agnces �;�?;;'
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<br /> 's ': . t �,,:�.,;,:.•.'. •: [o�he merger in wri�ing. ,..,--
<br /> `�'•`�' '����� • ' F�: 7. Proteclbn ot Lender'a Rights in Ihe Property. If S�.�rro�tier faih tu perform �he covenonts ond agrecments ti}�'�
<br /> '�'.��`•` :t,;:'.��i'` �� cantalned iae z1�i> Security lnstrument.or �here i, u Icaal proc��edinb �hat may� xignifirandy affert Lenderl rights in the �Y%ie
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<br />.: ,, - , t.:�..�f:�;•- l�roperty(su�h�.s s proc��ec2ins in 6snl:tuFtc�.pm6atr,fer rondemrestii�n or f�rfei9�ar�nr�..rnf�rcP li�w�nr rrei�lminn�),then ��;;;_
<br /> " '�'`•" +'�,`��y U.rnder ma do and a�fos tivhutever i.ncressu to Tatect the value of the Pn� �� °
<br /> ,; • , Y P S ry p � y And Lenderz rights in the Propeny.
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<br /> k Lender's uctions may incluc�k paying any.um,secured by a lien which ha,priority nver thi+Securiry Instn�men4 Appenring
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<br /> � � ,:;,«� . �. � , in couA,p�ying reasonuble attorneys'fees und entering on the F'n►perty to muke rcpain. Although Lender mAy Iake action �
<br /> - ��+. •- a�`"�'f�'�.`,' under this pnragrnph 7.Lender dacs not have In Jo ui. ��
<br /> � ����•':�'�":�.G��; Any amounts di�buned by Lend�r ieader thiti paragiuph 7 tihull lxwotnr udditional debt uf Burtower secured by this �'`�-
<br /> ,F '. a�"• ° �'�,�4 f Sauri�y Instrumem. Unles�sorrower und l.endcr agrrr to o�her tcrm+ut'payment,th�c�e umounts shall besu interext from the "'
<br /> _• ' .`��.;. , i f�, {late of disbunement ut�he Notc ru�c und shall br rmablr.with int�rcti�,upon naticc fram Lcndcr tu BwYOwer reyues�ing �'�"�_
<br /> �P:` • r; ti,��:,�5�1 . Payrnent. �..
<br /> 1i' � '. °L^:;`. ''� � 8. MoHgage Insuraace. If Lcnder requircd morlgugc imunmrr a� u conJition of making the loun secured by thi. �,'-�'
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<br /> °�Ty.., � �:'��-.s'"'' '''<""�, Security Instrumem. Bormwer shull pay thr premiumw reyuired i�.muintoin thc mpngage insurance in effect. If, for any •
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<br /> •• � Tasan, 1he murtgage intiurwke covervge r+eyuirtd b}• L.�rµler la�+e. ar cea+r� to t+e in effect. Bcxrower +hull pay the �
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<br /> -�y�,:—�' Y ,��, • " �rcmiums reyuired to obta+n rnvernge �ubslunliull� e�S�ac��alent lo �he murtgage insuaance previously in effect, at � cint --
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<br /> .. �'?;'; �,�"I+)���y{:; , tiabstantially equivulent�o�the co�to Borniwer of the mottg•rgc imurunm prcriuu.i; in rffect,frwn un uUemale mortgage �"`
<br /> -lu�;•,+ :::.�-.�• � �nsurer appmved by Lender. If xuh,�antiallv cyuivaknt moAgagc in�urarKC coverage i�not uvailable.Borrower shnll pay to _
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<br />�;�_ � l.ender euch muMh a.um eyual to or�e•t«•�elflh of Ihc ycarly munguFc in.urarnr premium being p•rid by Burtower when tlic _
<br /> �4 �'�`'T�s 4�',+���:;� � insurunce coverage lapsed or ceused tr•be in effect. LenJer will ucrept,ux anJ rc�ain thr.c paymem.ux u loss rewerve in lieu �G
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<br /> '�f.:�•.� ofmoriguge intiurunrc. Loss teserve pa}n�entx may no longcr tr n�yuired, ut ihc op�ion��f LenJer, if mortgugc in�urnnce i,�
<br /> ia��' '`�+` � coveruge(in the umounl an�d for ihe perioci Ihu�Lrnder reyuire.l provid�J by un in.urer appr�wrJ by Lrnder u�ain become� �••
<br />•� '"� � �vuilable stnd is ob�uined.6'torrawcr xhall p•ry thc premii�:n�Ryuircd�o muintuin mongugc in+urunce in eff'ec6 nr io providc a �,n���'
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<br /> •. �, ]oss reserve,umil�he myuiremenl for mohguge insurun.r�nJ.in accurciancr with an�•wrinrn aEnrment Neiwern Borrower `
<br />.'"s:. +�'.dr�•`;;�,;'-'' cuid lxnder ar applicuble luw. �"`
<br /> �� }� ' :', �'; 9. Ins�ecUon. Lendrr ur i�ti •rgen� ro�y m�kc rca.onahlr cnvi:, u��n unJ in,�rtiun+uf Ux PmFxny. Lciukr;h:�ll �;,a,:
<br /> .!,,. • ,;,�xp'�L r.S-,:!�,�,. give Borrower noticr at�fie time��f or prior to an in.perlh�n��xrifyi ni r�aW�nuMlr rau.r k�r thc in.rcrri�m F -
<br /> i;��;':. :t: a,�'`�!�"�i�.(.;� le. Condemnativo. The pnxrrJ.ul un� uward��r rl�im for d.m;:igc..dis�:,:������,mcyurnlial.in cunnersimo w�i�h:u�}� °'.
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